Friday, November 22

Tag: wholesale

Double Dipping in Opioid Lawsuits
2Jan By adminNo Comments
Health

Double Dipping in Opioid Lawsuits

The plaintiffs bar never met a business it wouldn’t sue, and now the lawyers are using government authority to pursue private interests. In their latest business model, trial lawyers are hired by state attorneys general to help prosecute public lawsuits then use it to the advantage of their private lawsuits. Kudos to one company for pushing back. In December pharmacy benefit manager OptumRx filed a motion in federal court in Ohio to disqualify Motley Rice, a South Carolina plaintiffs firm suing the company in multidistrict opioid litigation. Motley has been retained by state attorneys general and city prosecutors in Washington, D.C., Hawaii and Chicago to handle the government’s litigation, but it continues to represent private clients in related litigation.Copyright ©2024 Dow Jones &...
Read More
U.K. Shop-Price Inflation Held Steady in December, Report Says
2Jan By adminNo Comments
World

U.K. Shop-Price Inflation Held Steady in December, Report Says

Annual U.K. shop-price inflation was unchanged in December, with growth at the lowest rate since June 2022, a report by NielsenIQ and the British Retail Consortium showed Tuesday.Prices at U.K. stores were up 4.3% on year in December, matching November’s rate and below the three-month average rate of 4.6%.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
How IKEA Downsized to Go Downtown
31Dec By adminNo Comments
World

How IKEA Downsized to Go Downtown

Updated Dec. 31, 2023 12:20 am ETPARIS—There was no instruction manual when IKEA’s Paris team set to work building a new kind of city-center store.The Swedish furniture company’s ambition was to create a smaller version of its giant blue-and-yellow suburban stores for downtown consumers, to be replicated around the world. A quarter of the size of IKEA’s traditional outlets, the central Paris store—the first of this new type when it opened in 2019—would need to be radically different, they decided.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Investors Have Cut China’s Internet Giants Down to Size
31Dec By adminNo Comments
World

Investors Have Cut China’s Internet Giants Down to Size

Dec. 30, 2023 11:01 pm ETHONG KONG—Investors in China’s biggest internet companies have suffered through a tumultuous 2021, a lackluster 2022 and a disappointing 2023. After a lousy three years for the once-hot sector, many investors are asking—where do things go from here? Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Investors Have Cut China’s Internet Giants Down to Size
31Dec By adminNo Comments
Money

Investors Have Cut China’s Internet Giants Down to Size

Dec. 30, 2023 11:01 pm ETHONG KONG—Investors in China’s biggest internet companies have suffered through a tumultuous 2021, a lackluster 2022 and a disappointing 2023. After a lousy three years for the once-hot sector, many investors are asking—where do things go from here? Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
JD.com Wins Antimonopoly Suit Against Alibaba
30Dec By adminNo Comments
World

JD.com Wins Antimonopoly Suit Against Alibaba

Chinese e-commerce giant JD.com said it won a lawsuit against rival Alibaba Group Holding, which was fined 1 billion yuan ($140.7 million) over monopolistic practices.Zhejiang Tmall Network, Zhejiang Tmall Technology and Alibaba Group were found to have abused market dominance and engaged in monopolistic practices, causing severe damages to JD.com, it said in a statement Friday, citing a Beijing court ruling.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
JD.com Wins Antimonopoly Suit Against Alibaba
29Dec By adminNo Comments
World

JD.com Wins Antimonopoly Suit Against Alibaba

Chinese e-commerce giant JD.com said it won a lawsuit against rival Alibaba Group Holding, which was fined 1 billion yuan ($140.7 million) over monopolistic practices.Zhejiang Tmall Network, Zhejiang Tmall Technology and Alibaba Group were found to have abused market dominance and engaged in monopolistic practices, causing severe damages to JD.com, it said in a statement Friday, citing a Beijing court ruling.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Nearly 5 Million Portable Blenders Recalled Over Fire, Laceration Risks
29Dec By adminNo Comments
World

Nearly 5 Million Portable Blenders Recalled Over Fire, Laceration Risks

Nearly 5 million portable blenders sold at retailers including Walmart, Costco and Target have been recalled over fire and laceration risks. The U.S. Consumer Product Safety Commission has asked owners of recalled BlendJet 2 Portable Blenders to immediately stop using the product and contact BlendJet for a replacement base. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More